Planning is valuable, tho the plan is usually useless.
BEN HOROWITZTo succeed at selling a losing product, you must develop seriously superior sales techniques. In addition, you have to be massively competitive and incredibly hungry to survive in that environment.
More Ben Horowitz Quotes
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It’s pretty clear that [customers] know what their budgets are now, and what they want to spend it on.
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Every time you make the hard, correct decision you become a bit more courageous, and every time you make the easy, wrong decision you become a bit more cowardly. If you are CEO, these choices will lead to a courageous or cowardly company.
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It’s quite possible for an executive to hit her goal for the quarter by ignoring the future.
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As a startup CEO, I slept like a baby. I woke up every 2 hours and cried.
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You know what the difference between a vision and a hallucination is? They call it a vision when other people can see it.
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A lot of it is on the job training, combined with excellent mentorship.
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In Silicon Valley, when you’re a private company, the entrepreneur can do no wrong.
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Until you make the effort to get to know someone or something, you don’t know anything.
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The trouble with innovation is that truly innovative ideas often look like bad ideas at the time.
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Wartime CEO is too busy fighting the enemy to read management books written by consultants who have never managed a fruit stand.
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Volatility and length, that’s the value on an option. 10 years on a startup stock, that’s a big valuable thing.
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For example, the vast majority of security break-ins occur as a result of problems with known fixes. With an automated system, you can keep up to date.
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Over the last ten years, technological advances have dramatically lowered the financial bar for starting a new company, but the courage bar for building a great company remains as high as it has ever been.
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If you have never done the job, how do you know what to want?
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A CEO needs great intelligence and great courage. And I always found my courage was tested more.
BEN HOROWITZ